Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
SEBI issued a circular on May 2, 2024, establishing a framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). Recognized Stock Exchanges will act as RAASB and IAASB u/s 14 of the RA Regulations (2014) and IA Regulations (2013). Applicants for RA/IA registration must enlist with RAASB/IAASB. The existing IAASB framework is rescinded, but actions under it remain valid u/s 30A of IA Regulations. The framework becomes effective on July 25, 2024. SEBI retains core functions like registration and enforcement, while RAASB/IAASB handles administrative tasks. The circular is issued u/s 11(1) of the SEBI Act, 1992.
SEBI issued a circular on May 2, 2024, establishing a framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). Recognized Stock Exchanges will act as RAASB and IAASB u/s 14 of the RA Regulations (2014) and IA Regulations (2013). Applicants for RA/IA registration must enlist with RAASB/IAASB. The existing IAASB framework is rescinded, but actions under it remain valid u/s 30A of IA Regulations. The framework becomes effective on July 25, 2024. SEBI retains core functions like registration and enforcement, while RAASB/IAASB handles administrative tasks. The circular is issued u/s 11(1) of the SEBI Act, 1992.
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